Hints and tips:
...Chart of the day Sterling is the only major developed world currency to strengthen against the dollar this year....
...He joins from Shearman & Sterling. Mayer Brown has hired Aimee Sharman as a partner in its banking and finance practice in London. She joins from Hogan Lovells....
...(FT) Sterling depreciation calls are silly....
...Instead, no one mentioned Puerto Rico may go back to its own currency and out of US territories while defaulting on its debt....
...Meanwhile, my colleague Giles Wilkes has noted the jump in three-month market expectations of swings in the value of sterling, which happened just as the referendum date rolled into the three-month window...
...Acadia operates 51 clinics with 4,200 beds in 23 US states and Puerto Rico, making it one of the biggest mental healthcare providers in the world....
...One worry is that increases in property values could be eroded by the depreciation of sterling....
...UK stock prices are quoted in sterling, which remains strongly depreciated from eight days ago....
...Sterling fell in the wake of Mr Carney’s comments and is down 0.1 per cent on Friday at $1.3287, not far above the 30-year trough of $1.3118 hit at the start of the week....
...The New York-based designer, who originally developed a successful sterling silver collection, was at Couture for the first time, to raise the profile of her year-old fine jewellery line....
...The clear lines and sterling structures remain, but now there are bits added on – a bravura intro, a slinky fade over rattling beats or, for McCoy Tyner’s “Fly With The Wind”, portentous Wagnerian trombone...
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